Signed Financing Agreement

CREDIT NUMBER 6853-TG
GRANT NUMBER D787-TG
Financing Agreement
(Togo Essential Quality Health Services For Universal Health Coverage Project)
between
REPUBLIC OF TOGO
and
INTERNATIONAL DEVELOPMENT ASSOCIATION

CREDIT NUMBER 6853-TG
GRANT NUMBER D787-TG
FINANCING AGREEMENT
AGREEMENT dated as of the Signature Date between the REPUBLIC OF TOGO
(“Recipient”) and the INTERNATIONAL DEVELOPMENT ASSOCIATION
(“Association”). The Recipient and the Association hereby agree as follows:
ARTICLE I — GENERAL CONDITIONS; DEFINITIONS
1.01. The General Conditions (as defined in the Appendix to this Agreement) apply to
and form part of this Agreement.
1.02. Unless the context requires otherwise, the capitalized terms used in this Agreement
have the meanings ascribed to them in the General Conditions or in the Appendix
to this Agreement.
ARTICLE II — FINANCING
2.01. The Association agrees to extend to the Recipient a grant and a credit, which are
deemed as Concessional Financing for purposes of the General Conditions
(collectively, “Financing”) in the following amounts to assist in financing the
project described in Schedule 1 to this Agreement (“Project”):
(a) an amount equivalent to twenty-four million and three hundred thousand
Special Drawing Rights (SDR 24,300,000) (“Grant”); and
(b) the amount of twenty-eight million and nine hundred thousand Euros
(€28,900,000) (“Credit”). The Recipient may withdraw the proceeds of the
Financing in accordance with Section III of Schedule 2 to this Agreement.
2.02. The Maximum Commitment Charge Rate is one-half of one percent (1/2 of 1%)
per annum on the Unwithdrawn Financing Balance.
2.03. The Service Charge is the greater of: (a) the sum of three-fourths of one percent
(3/4 of 1%) per annum plus the Basis Adjustment to the Service Charge; and
(b) three-fourths of one percent (3/4 of 1%) per annum; on the Withdrawn Credit
Balance.
2.04. The Payment Dates are March 15 and September 15 in each year.
2.05. The principal amount of the Credit shall be repaid in accordance with the
repayment schedule set forth in Schedule 3 to this Agreement.
2.06. The Payment Currency is Euro.

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ARTICLE III — PROJECT
3.01. The Recipient declares its commitment to the objective of the Project. To this end,
the Recipient shall carry out the Project in accordance with the provisions of
Article V of the General Conditions and Schedule 2 to this Agreement.
ARTICLE IV — EFFECTIVENESS; TERMINATION
4.01. The Additional Condition of Effectiveness consist of the following, namely that
the Recipient shall establish the PIU within the Ministry of Health, Public Hygiene
and Universal Health Access with sufficient resources to carry out its operational
and management responsibilities, and with competent staff, as set forth in Section
I. 2 of Schedule 2 to this Agreement.
4.02. The Effectiveness Deadline is the date ninety (90) days after the Signature Date.
4.03. For purposes of Section 10.05(b) of the General Conditions, the date on which the
obligations of the Recipient under this Agreement (other than those providing for
payment obligations) shall terminate is twenty (20) years after the Signature Date.
ARTICLE V — REPRESENTATIVE; ADDRESSES
5.01. The Recipient’s Representative is its minister at the time responsible for finance.
5.02. For purposes of Section 11.01 of the General Conditions:
(a) the Recipient’s address is:
Ministère de l'Economie et des Finances
Immeuble CASEF
B.P.387
Lomé - Togo; and
(b) the Recipient’s Electronic Address is:
Facsimile: E-mail:
([phone] [e-mail]

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SCHEDULE 1
Project Description
The objective of the Project is to improve the provision of essential health and
nutrition services and quality of care for pregnant women, children and vulnerable persons.
The Project consists of the following parts:
Part 1: Increasing demand and supply of quality health and nutrition services
1.1. Increasing access to essential health and nutrition services
Increase access of vulnerable populations to essential health and nutrition services,
through the provision of Packages of Essential Health Services by Participating
Health Facilities in Peripheral Health Unit (PHU type I and type II) and District
Hospital (DH type I and type II) including maternal and child health and nutrition
services, immunization, outpatient or inpatient care, birth deliveries and
attendance, newborn care, malaria, TB, HIV/AIDS, acute respiratory tract
infection, diarrheal disease, hypertension, anemia, intestinal worms disorders,
fevers, ear, eye, nose and oral health services, and key additional or tracer services,
following the eligibility criteria and mechanisms set forth in the PIM.
1.2. Increasing membership of the poor and vulnerable on health insurance
Increase membership of vulnerable populations on health insurance through the
registration of selected beneficiaries, including deprived communities, pregnant
women, children and school-aged children, in the national social health insurance
scheme referred to in Part 3.1 of the Project (“Insured Beneficiaries”), following
the eligibility criteria and mechanisms set forth in the PIM.
1.3. Improving equitable distribution of health professionals
Increase access to quality healthcare services through the deployment and re-
distribution qualitied health professionals, (“Deployed Health Professionals”),
accepting posting to targeted most deprived and rural communities, including inter
alia, Savanes, Central, Kara and Plateau regions, all following the eligibility
criteria and mechanisms set forth in the PIM.
1.4. Increasing tracer drug availability at peripheral health unit facilities
Increase availability of drugs at the primary health care level, through the provision
of Essential Medicines to Participating Health Facilities in targeted most deprived
and rural communities, following the eligibility criteria and mechanism set forth
in the PIM.